Sanmar Group opens shipping subsidiary in Singapore
CHENNAI : The Chennai-based Sanmar Group has opened a subsidiary company in Singapore—Sanmar Shipping SG Pte Ltd, to expand its global operations. Operating in the international tanker market
India likely to keep rice export bans into 2024, to hold up global prices
NEW DELHI : India, the world’s top rice exporter, is expected to maintain its curbs on overseas sales well into 2024, a move likely to hold the staple
Construction started for Maersk’s new cold store in Rotterdam
ROTTERDAM : With the official ground breaking Maersk has started the construction works for its new large cold store in Rotterdam (The Netherlands). The specialized warehouse for temperature
Piyush Goyal addresses 2nd Voice of Global South Summit, says countries need to act together to make
NEW DELHI : The Global South needs to discuss ways and means for countries to cooperate and act together to make our supply chains open, secure, trusted, stable,
IPGL to sign agreement with Iranian Port Authority soon to start full-fledged operation at Chabahar
NEW DELHI : State-owned India Ports Global Ltd (IPGL) — formed to develop and run Chabahar Port in Iran — will soon sign an agreement with the Iranian
DP World announces to deliver 50 repurposed cricket containers to local clubs in 5 years under ‘Be
CHENNAI : DP World, a global leader in end-to-end logistics solutions, has announced to deliver 12,500 cricket kits and 50 repurposed containers to grassroot cricket clubs across the
ICD Jajpur (Jindal Stainless) facilitates historic scrap consignment for Tata Steel Kalinganagar
JAIPUR : In a major development for the steel industry in the eastern region of India, ICD Jajpur, operated by Jindal Stainless, has successfully managed the handling of
Hapag-Lloyd to increase rates worldwide in December
HAMBURG : Hapag-Lloyd has announced rate increases in several routes across the world, which will take effect in December 2023. The German carrier will implement a general rate
FedEx delivered over $80 Billion in direct impact to the Global Economy in FY 2023: Annual Economic
MUMBAI : FedEx Corp. released its annual economic impact report, analyzing the company’s worldwide network and role in fueling innovation during its 2023 fiscal year (FY 2023). Produced in
CMA CGM, World’s no. 3 container carrier warns against price war
MARSEILLE : CMA CGM, the World’s No. 3 container carrier, urged the industry to avoid a price war as the delivery of new vessels threatens to push global